Added to YB: 2025-01-13
Pitch date: 2024-11-26
CONL [bearish]
GraniteShares ETF Trust - GraniteShares 2x Long COIN Daily ETF
+67.58%
current return
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Company Info
GraniteShares ETF Trust - GraniteShares 2x Long COIN Daily ETF is an exchange traded fund launched by GraniteShares Inc.
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GraniteShares 2x Long COIN Daily ETF - $CONL
CONL short: 2x daily COIN ETF, likely -50%+ due to leverage drag. COIN overearning from high crypto prices/volatility, interest income. Facing competition, share loss. 20x peak earnings, 60x est. steady state. Catalysts: crypto pullback, mean reversion in volatility, time (ETF drag).
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